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Table 18-1 -Refer to Table 18-1

question 237

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Table 18-1
 Year  Potential Real GDP  Real GDP  Price Level 2013$14.0 trillion $14.0 trillion 150201414.5 trillion 14.2 trillion 152\begin{array} { | c | c | c | c | } \hline \text { Year } & \text { Potential Real GDP } & \text { Real GDP } & \text { Price Level } \\\hline 2013 & \$ 14.0 \text { trillion } & \$ 14.0 \text { trillion } & 150 \\\hline 2014 & 14.5 \text { trillion } & 14.2 \text { trillion } & 152 \\\hline\end{array}
-Refer to Table 18-1.Consider the hypothetical information in the table above for potential real GDP,real GDP and the price level in 2013 and in 2014 if the Congress and the president do not use fiscal policy.If the Congress and the president want to keep real GDP at its potential level in 2014,they should

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